All How We Run Our Money articles – Page 8
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Change without regret
Liam Kennedy spoke with Angelien Kemna, chief investment officer of APG, the Netherlands’ largest pension asset manager with AUM of €278bn, about her policies of ‘minimum regret’ and ‘controlled simplification’
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Shifting horizons
Timo Loyttyniemi, managing director of Valtion Eläkerahasto (VER), tells Martin Steward why the Finnish buffer fund’s sure touch through the crisis means that the latest change to its targets might just be the last
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Alight for full funding
Markus Hübscher, CEO of the Swiss Federal Railways pension fund, told Nina Röhrbein about his fund’s restructuring and new internal governance structure
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Smart Finnish moves
Brendan Maton spoke with Staffan Sevón, chief investment officer at Veritas, about his fund’s hands-on approach to investing
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Central direction, local implementation
Liam Kennedy spoke with Benedikt Köster and Sven Rogge about Deutsche Post DHL’s pension risk management framework and its implementation
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Surprise tactics
Martin Steward spoke with Paul Haines, CIO of Trafalgar House Pension Trust, about its break with tradition to launch a pioneering investment strategy
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Keen on illiquidity
Peter Wallach of the UK’s Merseyside Pension Fund tells Nina Röhrbein how the scheme’s philosophy affects its investment strategy
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Scarcity value
Nina Röhrbein spoke with Vincent Ribuot, chief investment officer of UMR Corem, one of France’s few pension funds about working within a life insurance dominated market and the limitations it can cause
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Maintaining value
Martin Steward spoke with Dorrit Vanglo, LD Pension’s new CEO, and head of investment and finance Lars Walberg about tendering €6bn worth of investment mandates
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Leader of the pack
Nina Röhrbein spoke with Giorgio Valzolgher, managing director at Laborfonds, the not-for-profit pension fund that any employee in Italy’s Trentino-South Tyrol region can join
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In the media glare
Nina Röhrbein spoke with Jeroen van der Put, executive director of the PNO Media Pension Fund, about the importance of sustainable management in its asset allocation and risk management
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Going global
Nina Röhrbein spoke with Marinos Gialeli, general manager of the Cyprus Hotel Employees Provident Fund, about its approach to managing its clients’ assets in a period of global economic downturn
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Long-term investor, short-term horizon
Nina Röhrbein spoke with Truls Tollefsen, chief financial officer at Vital Forsikring, about the Norwegian insurer’s approach to managing its client’s long-term interests in the face of a strict annual guaranteed return objective
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Common-sense overlay
Brendan Maton spoke to Jo Ray, who runs the pension fund of Lincolnshire County Council on England’s east coast, about the fund’s common-sense approach to in-house and external asset management
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Twin-track approach
Nina Röhrbein asked Henrik Olejasz Larsen (pictured), CIO of Denmark’s Sampension, about the challenge of offering policies based on contrasting investment strategies
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Challenging beginnings
Liam Kennedy asked Hugo Lasat, CEO of Belgium’s Amonis, about the challenge of running a pension fund after a career in asset management and private banking
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Jump the hurdle
Nina Röhrbein spoke with Dirk Lepelmeier (pictured), managing director of Nordrheinische Ärzteversorgung (NAEV), the pension fund for North Rhine Westphalia’s medical profession about the challenge of successfully obtaining an annual internal rate of return in a highly volatile market
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ING OFE: Investing with your hands tied
Nina Röhrbein spoke with Grzegorz Chlopek (pictured), CIO and vice-president of ING PTE, Poland’s second biggest pension fund (with assets of €11.4bn) about the challenge of operating as a large institutional investor in a highly regulated market
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Unipension: Risk, adjusted
Martin Steward spoke with Niels Erik Petersen (pictured) and Søren Bang Andersen of Unipension, the consolidated administration service for Denmark’s pension funds for architects, MAs, MScs and PhDs, agricultural academics and veterinary surgeons
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Pension Fund Horeca & Catering: Rare species
Liam Kennedy spoke with Ernst Hagen (pictured), head of asset management at Pension Fund Horeca & Catering (PH&C), which covers the Dutch hospitality sector